SBA 7(a) lenders in Weakley, TN
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.
Lenders
24 institutions have SBA 7(a) loans on record in Weakley, together $47.3M across 57 loans. Live Oak Banking Company is the largest, with 35% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 10 | $16.4M | 34.7% | 0.00% |
| 2 | First Merchants Bank | 2 | $4.6M | 9.8% | 0.00% |
| 3 | Simmons Bank | 11 | $4.5M | 9.4% | 7.75% |
| 4 | First Financial Bank | 4 | $3.8M | 8.1% | 0.00% |
| 5 | Renasant Bank | 1 | $3.1M | 6.6% | 0.00% |
| 6 | Evolve Bank and Trust | 1 | $2.4M | 5.1% | 0.00% |
| 7 | First Community Bank of the Heartland, Inc. | 3 | $1.9M | 3.9% | 0.00% |
| 8 | Federal Deposit Insurance Corporation | 2 | $1.6M | 3.3% | 40.68% |
| 9 | East West Bank | 1 | $1.4M | 3.1% | 0.00% |
| 10 | United Midwest Savings Bank National Association | 2 | $1.4M | 2.9% | 0.00% |
| 11 | The Citizens Bank | 1 | $1.2M | 2.5% | 0.00% |
| 12 | Stone Bank | 3 | $1.1M | 2.3% | 0.00% |
| 13 | BankPlus | 1 | $928K | 2.0% | 0.00% |
| 14 | Wells Fargo Bank National Association | 1 | $514K | 1.1% | 0.00% |
| 15 | The Park National Bank | 1 | $500K | 1.1% | 0.00% |
| 16 | Legence Bank | 1 | $500K | 1.1% | 0.00% |
| 17 | Newtek Bank, National Association | 2 | $350K | 0.7% | 0.00% |
| 18 | The Huntington National Bank | 4 | $337K | 0.7% | 0.00% |
| 19 | Bank Five Nine | 1 | $250K | 0.5% | 0.00% |
| 20 | Stearns Bank National Association | 1 | $230K | 0.5% | 0.00% |
| 21 | First Service Bank | 1 | $161K | 0.3% | 0.00% |
| 22 | Newtek Small Business Finance, LLC | 1 | $54K | 0.1% | 94.67% |
| 23 | UT Federal Credit Union | 1 | $45K | 0.1% | 0.00% |
| 24 | VelocitySBA, LLC | 1 | $5K | 0.0% | 47.45% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Agriculture, forestry & fishing | 20 | $24.4M | 51.6% |
| 2 | Retail trade | 4 | $6.2M | 13.1% |
| 3 | Accommodation & food services | 11 | $5.0M | 10.6% |
| 4 | Retail trade | 4 | $5.0M | 10.5% |
| 5 | Construction | 1 | $2.0M | 4.1% |
| 6 | Wholesale trade | 1 | $1.4M | 3.1% |
| 7 | Professional & technical services | 1 | $1.2M | 2.5% |
| 8 | Other services | 10 | $864K | 1.8% |
| 9 | Health care & social assistance | 2 | $539K | 1.1% |
| 10 | Manufacturing | 1 | $500K | 1.1% |
| 11 | Administrative & waste services | 2 | $185K | 0.4% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.